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Enviro Infra Engineers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Enviro Infra Engineers Ltd IPO

Registered Office: Unit No 201 2nd Floor PNo B,CSC/OCF-01 RG Metro ArcadeS-11 , New Delhi - 110085 , New Delhi , India.
Phone : 91-11-4059 1549   Fax:
Email :  cs@eiepl.in  
Website :  www.eiel.in
Initial public offering of up to 4,39,48,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Enviro Infra Engineers Limited ("The Company" or "Issuer") for cash at a price of (Rs)148 per equity share (including a premium of (Rs)138 per equity share) ("Offer Price") aggregating up to (Rs)650.30 crores ("Offer"). The offer comprises a fresh issue of up to 3,86,80,000 equity shares aggregating up to (Rs)572.35 crores ("Fresh Issue") and an offer for sale of up to 21,34,000 equity shares aggregating up to (Rs)31.58 croress by Sanjay Jain, up to 21,34,000 equity shares aggregating up to (Rs)31.58 crores by Manish Jain, up to 5,00,000 equity shares aggregating up to (Rs)7.40 crors by Ritu Jain and , up to 5,00,000 equity shares aggregating up to (Rs)7.40 crores by Shachi Jain (collectively, "Promoter Selling Shareholders" and such offer for sale by the promoter selling shareholders, "Offer for Sale"). The offer includes a reservation of up to 1,00,000 equity shares, aggregating up to (Rs)1.35 crores constituting up to 0.06% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The company may, in consultation with the brlm, offer a discount equivalent of (Rs)13 per equity share to the eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute 25.04 % and 24.98 % of the post-offer equity share capital of the company. The face value of the equity share is (Rs)10 each. The issue price is. 14.8 times of the face value of the equity shares. A discount of (Rs)13 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Nov-24 26-Nov-24 (Rs)148.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :101  Further Multiples of :101

  (Rs Cr) Lead Managers to the Issue
Project Cost 517.27
Hem Securities Ltd
Project Financed through Current Offer 650.30  
Post Issue Equity Share Capital 175.53  
Issue Price (Rs)148.00  
 
Projects
To meet working capital requirementsRepayment/prepayment in full or in part of certain of its outstanding borrowings
Infusion of funds in its subsidiary EIEL Mathura Infra Engineers P Ltd ("EIEL Mathura") to build 60 MLD STP under project titled "Mathura" sewerage scheme at mathura in U.P including operation & maintanence for 15 yrs through Hybrid Annnuity basGeneral corporate purposes
Promoted By
Sanjay Jain  
Manish Jain  
Ritu Jain  
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd